Key takeaways: Canara Bank vs ICICI Bank vs SBI
- For an education loan, Canara Bank starts lowest (6.85%) versus 8.50% at ICICI Bank and 9.40% at SBI.
- On a car loan, Canara Bank has the lowest published starting rate at 7.50%, against 8.40% at ICICI Bank and 8.40% at SBI.
- Canara Bank advertises the lowest starting two-wheeler loan rate here, 10.10%, compared with 10.25% at ICICI Bank and 11.70% at SBI.
- All of them publish a numeric starting rate for: education loan, car loan and two-wheeler loan. That is the part of this page you can rank like for like.
- No numeric starting rate on the loan provider's own site: Canara Bank for personal loan and home loan. We show "Not published" instead of estimating.
- A starting rate is the best case. Ask each loan provider for its Key Fact Statement and compare the APR and total repayable amount before you choose.
Quick verdict: who each loan provider suits
Built only from figures the loan providers publish. It says where each loan provider is ahead on paper, not who will approve you.
Pick Canara Bank if you want
- The lower published starting education loan rate (6.85%)
- The lower published starting car loan rate (7.50%)
- The lower published starting two-wheeler loan rate (10.10%)
Where ICICI Bank stands
No clear edge on the published figures we could compare. Check the product sections below and the Key Fact Statement.
Where SBI stands
No clear edge on the published figures we could compare. Check the product sections below and the Key Fact Statement.
Canara Bank vs ICICI Bank vs SBI at a glance
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Loan provider type | Public sector bank | Private bank | Public sector bank |
| Legal name | Canara Bank | ICICI Bank Limited | State Bank of India |
| Loan types with a published rate | Education loan, Car loan, Two-wheeler loan | Personal loan, Home loan, Gold loan, Education loan, Car loan, Two-wheeler loan | Personal loan, Home loan, Gold loan, Education loan, Car loan, Two-wheeler loan |
| Personal loan: published rate | Canara Budget range 9.95% to 14.95% (contracted loans, w.e.f. 12.12.2025) | Starts at 9.99% p.a. | Starting from 10.00% p.a. (T&C apply); scheme range 10.00% to 15.00% |
| Personal loan: maximum tenure | Up to 84 months (term loan) | 84 months (min 12 months) | 84 months |
| Home loan: published rate | Range 7.40% to 10.25% (contracted housing loans, w.e.f. 12.12.2025) | Starts from 8.50% p.a. | 7.25% p.a. onwards (T&C apply), w.e.f. 01.04.2026 |
| Home loan: maximum tenure | Up to 30 years or until age 75, whichever earlier | Up to 30 years based on eligibility | Up to 30 years; repayment to be completed by age 70 |
| Official website | canarabank.bank.in | icici.bank.in | sbi.bank.in |
Searching for SBI vs ICICI Bank vs Canara Bank instead? It is the same comparison, so both open this page.
Canara Bank vs ICICI Bank vs SBI personal loan: rate, fees and tenure
Starting personal loan rates as published: ICICI Bank from 9.99% and SBI from 10%. ICICI Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered. Canara Bank does not publish a numeric starting rate for this product on its site.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | Canara Budget range 9.95% to 14.95% (contracted loans, w.e.f. 12.12.2025) | Starts at 9.99% p.a. | Starting from 10.00% p.a. (T&C apply); scheme range 10.00% to 15.00% |
| Rate basis | Reducing balance | fixed; varies by loan amount, profile, employment type, relationship | 2-year MCLR (8.75%) + spread 1.25% to 6.25% |
| Loan amount | Prime: 25 months' gross salary up to Rs. 50 Lakh; Delight: up to Rs. 40 Lakh | Rs 50,000 to Rs 50,00,000 | Rs 1 lakh to Rs 50 lakh (subject to EMI/NMI up to 65% and 30 times NMI, whichever is lower) |
| Maximum tenure | Up to 84 months (term loan) | 84 months (min 12 months) | 84 months |
| Processing fee | 0.50% of loan amount, min Rs. 1,000, max Rs. 5,000; 50% waiver 01.10.2026 to 31.12.2026 | Up to 2% of loan amount + applicable taxes | Up to 1.50% of loan amount (min Rs 1,000, max Rs 15,000) + GST; waivers for some customers |
| Prepayment / foreclosure | No pre-payment penalty | Foreclosure allowed after 1 EMI; no foreclosure charges after 24 EMIs, charges may apply before per service charges | 2% of prepaid amount; waivers for some categories |
| Eligibility (as published) | Confirmed employees with minimum 1 year service; min net take-home 25% or Rs. 10,000/month whichever higher | Salaried age 18-58 (FAQ: 20-58), min income Rs 30,000/month; self-employed 23+; CIBIL 750+ preferred | Age 21-60; min net monthly salary Rs 20,000 (govt/defence) or Rs 25,000 (corporate); no minimum CIBIL stated |
| Other terms published |
|
|
|
| Official source | canarabank.bank.in/canara-budget canarabank.bank.in/pages/interest-rate-range-on-loans | icici.bank.in/personal-banking/loans/personal-loan | sbi.bank.in/web/personal-banking/loans/personal-loans/sbi-personal-loan sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/personal-loans-schemes |
EMI illustration: ₹5 lakh over 5 years
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| ICICI Bank | 9.99% | ₹10,621 | ₹1,37,264 | ₹6,37,264 |
| SBI | 10% | ₹10,624 | ₹1,37,411 | ₹6,37,411 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Read the full guide: Personal loan
Canara Bank vs ICICI Bank vs SBI home loan: rate, fees and tenure
Starting home loan rates as published: ICICI Bank from 8.50% and SBI from 7.25%. SBI is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered. Canara Bank does not publish a numeric starting rate for this product on its site.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | Range 7.40% to 10.25% (contracted housing loans, w.e.f. 12.12.2025) | Starts from 8.50% p.a. | 7.25% p.a. onwards (T&C apply), w.e.f. 01.04.2026 |
| Rate basis | Reducing balance (RLLR 8.25% stated on rate page) | floating (tied to RBI repo rate) or fixed; varies by profile | Floating, linked to Repo Rate via EBLR; interest on daily reducing balance |
| Loan amount | No upper limit subject to income (salaried up to 72x gross monthly salary) | Up to Rs 10 crore (og description says Rs 5 crore) | Not published |
| Maximum tenure | Up to 30 years or until age 75, whichever earlier | Up to 30 years based on eligibility | Up to 30 years; repayment to be completed by age 70 |
| Processing fee | 0.50% of loan, min Rs. 1,500, max Rs. 10,000 + GST; 100% waiver 01.10.2026 to 31.12.2026 | Up to 2% of loan amount + applicable taxes | 0.35% of loan amount + GST, min Rs 2,000 max Rs 10,000 (FAQ page) |
| Prepayment / foreclosure | None; can prepay or foreclose without penalty | Nil for floating-rate home loans; fixed-rate not stated | Prepayment allowed without penalty |
| Eligibility (as published) | Salaried: 2 yrs continuous service; self-employed: 3 yrs ITR; entry age under 60 | Age 20-65 salaried, 21-70 self-employed; credit score 700+ (FAQ: ideally 750+); residents and NRIs | Resident of India or NRI; min age 18; EMI/NMI ratio 20% to 70% by income slab |
| Other terms published |
|
|
|
| Official source | canarabank.bank.in/pages/housing-loan canarabank.bank.in/pages/interest-rate-range-on-loans | icici.bank.in/personal-banking/loans/home-loan | sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/home-loans-interest-rates-current homeloans.sbi.bank.in/faq homeloans.sbi.bank.in/downloads/Processing-Fee-Card-Rates.pdf |
EMI illustration: ₹50 lakh over 20 years
| Loan provider | Rate used | Monthly EMI | Total interest | Total repayable |
|---|---|---|---|---|
| ICICI Bank | 8.50% | ₹43,391 | ₹54,13,879 | ₹1,04,13,879 |
| SBI | 7.25% | ₹39,519 | ₹44,84,512 | ₹94,84,512 |
Illustration only, at each loan provider's lowest published rate. It leaves out processing fees, GST, insurance and any other charges, and it is not an offer. Your approved rate may be higher.
Read the full guide: Home loan
Canara Bank vs ICICI Bank vs SBI loan against property: rate, fees and tenure
None of these loan providers publishes a plain starting rate for a loan against property; some tie the rate to a benchmark and add a spread, which is shown in the table as published. Canara Bank, ICICI Bank and SBI do not publish a numeric starting rate for this product on their site.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | Canara Mortgage range 9.30% to 11.80% (contracted loans, w.e.f. 12.12.2025) | Not published | Not published |
| Rate basis | Reducing balance | Not published | Interest on daily reducing balance (rate not stated on fetched pages) |
| Loan amount | 50% of property value or Rs. 7.50 crore, whichever is less | Up to 75% of property market value may be availed (LTV, per FAQ) | Not published |
| Maximum tenure | 180 months (15 years) | Up to 15 years | Up to 15 years (P-LAP) |
| Processing fee | 0.50% of loan amount, min Rs. 5,000 | Not published | P-LAP page: 1% of loan amount + tax, capped at Rs 50,000. Fee page: Loan against Mortgage of Immovable Property 1.01% of loan… |
| Prepayment / foreclosure | No prepayment penalty | Nil foreclosure charges for SMEs; others per service charges page | No prepayment penalty |
| Eligibility (as published) | Age 18+; salaried confirmed 1+ year; non-salaried 3+ years in business; not for companies/firms/trusts/HUFs | Age 20-65 salaried, 21-70 self-employed; credit score 700+; residents and NRIs | Resident Indian, age 18 to 70 |
| Other terms published |
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| Official source | canarabank.bank.in/canara-mortgage canarabank.bank.in/pages/interest-rate-range-on-loans | icici.bank.in/personal-banking/loans/home-loan/loan-against-property | homeloans.sbi.bank.in/products/view/loan-against-property sbi.bank.in/web/interest-rates/interest-rates/processing-fees |
Read the full guide: Loan against property
Canara Bank vs ICICI Bank vs SBI business loan: rate, fees and tenure
None of these loan providers publishes a plain starting rate for a business loan; some tie the rate to a benchmark and add a spread, which is shown in the table as published. Canara Bank, ICICI Bank and SBI do not publish a numeric starting rate for this product on their site.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | RLLR to RLLR + 1.00% p.a., subject to risk rating and collateral value (Canara MSME Star) | Secured: up to Repo Rate + 6.0% (non-PSL); CGTMSE-backed: up to Repo Rate + 6.50% | Not published |
| Rate basis | RLLR-linked | repo-linked | SME products priced as spread over MCLR on the official rate page |
| Loan amount | Minimum Above Rs. 10 lakhs | Not published | Not published |
| Maximum tenure | Term loans up to 10 years incl. moratorium; working capital 1 year | Not published | Not published |
| Processing fee | Not published | Up to 2% of facility amount + applicable taxes | Not published |
| Prepayment / foreclosure | Not published | Per sanction letter terms; nil foreclosure charges for micro and small enterprises | Not published |
| Eligibility (as published) | MSMEs in manufacturing or service sector | Not published | SME Credit Card up to Rs 10 lakh; SME Smart Score loan Rs 10 lakh to Rs 50 lakh (listed on page) |
| Other terms published |
| Not published |
|
| Official source | canarabank.bank.in/canara-msme-star | icici.bank.in/business-banking/business-loans/schedule-of-charges | sbi.bank.in/web/business/small-business-loans sbi.bank.in/web/business/sme/sme-loans sbi.bank.in/web/interest-rates/interest-rates/sme-segment |
Read the full guide: Business loan
Canara Bank vs ICICI Bank vs SBI gold loan: rate, fees and tenure
Starting gold loan rates as published: ICICI Bank from 8.55% and SBI from 9.15%. ICICI Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered. SBI lists the longer maximum tenure (emi 36 months; bullet 12 months; overdraft 36 months). Canara Bank does not publish a numeric starting rate for this product on its site.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | RLLR + 0.95% (effective 12.12.2025) | Ranges from 8.55% to 16.50% (Q4 Jan-Mar 2026 per page; FAQ min 8.75%, meta description 'starting at 9.25%') | Mean rate 9.25%; 12-month bullet 9.15%, EMI-based 10.10%, overdraft 10.10% (page also lists 10.00% in FAQ) |
| Rate basis | RLLR | Not published | 1-year MCLR (8.70%) + spread 0.45% (bullet) / 1.40% (EMI, OD) |
| Loan amount | Rs. 5,000 to Rs. 50 lakh per borrower | Up to Rs 3 crore (meta description says Rs 2 Cr) | Rs 20,000 (overdraft Rs 5,00,000) to Rs 1 crore per individual per FAQ (page also cites Rs 50 lakh ceiling) |
| Maximum tenure | 12 months, bullet repayment | Not published | EMI 36 months; bullet 12 months; overdraft 36 months |
| Processing fee | 0.30% of loan amount, min Rs. 250, max Rs. 3,000, excl. GST (stated until 30.09.2026) | Up to 2% of loan amount + applicable taxes | Features table: 0.25%-0.30% + GST with minimums (Rs 250 to Rs 7,500) |
| Prepayment / foreclosure | None; can close anytime within tenure | Not published | No prepayment penalty; no foreclosure charges |
| Eligibility (as published) | Resident individuals and NRIs | Indian citizens aged 18-85 | Age 18+ with steady income; individuals singly or jointly |
| Other terms published |
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| Official source | canarabank.bank.in/swarna-loan | icici.bank.in/personal-banking/loans/gold-loan | sbi.bank.in/web/personal-banking/loans/gold-loan/personal-gold-loans sbi.bank.in/web/interest-rates/interest-rates/processing-fees |
Read the full guide: Gold loan
Canara Bank vs ICICI Bank vs SBI education loan: rate, fees and tenure
Starting education loan rates as published: Canara Bank from 6.85%, ICICI Bank from 8.50% and SBI from 9.40%. Canara Bank is lower at the starting rate, but the top of each range and your own credit profile decide what you are offered.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Published rate | 6.85% p.a. (starts from 6.85%, T&C apply) - Vidya Turant | Starts at 8.50% p.a. up to 10.25% p.a. (indicative) | Student Loan 9.40% (with collateral) / 9.90% (without collateral up to Rs 7.50 lakh); Scholar Loan 6.90% to 7.65% |
| Rate basis | Reducing balance | varies by secured/unsecured, course type and institute category | Floating, linked to External Benchmark Rate (EBR 7.90% = Repo 5.25% + 2.65%) |
| Loan amount | Category A Rs. 50 lakh; B Rs. 40 lakh; C Rs. 30 lakh | Up to Rs 3 crore | Student Loan: India up to Rs 50 lakh / Rs 75 lakh (medical, NIRF top-100), abroad up to Rs 7.50 lakh |
| Maximum tenure | EMIs up to 15 years excl. moratorium (course + 1 year) | Up to 15 years | Up to 15 years after course period + 12-month repayment holiday |
| Processing fee | NIL (PM-Vidyalaxmi portal fee Rs. 200 + GST) | Not published | Student Loan: nil up to Rs 10 lakh; Rs 5,000 + GST for Rs 10-20 lakh |
| Prepayment / foreclosure | No prepayment penalty at any stage | No foreclosure charges | Not published |
| Eligibility (as published) | Indian national with admission in eligible institution; co-borrower generally required | Indian national; age 16-65 at maturity; 10+2 or diploma; confirmed admission to listed institute; good academic record | Indian national with admission to eligible course in India/abroad; parent/guardian co-borrower |
| Other terms published |
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| Official source | canarabank.bank.in/vidya-turant | icici.bank.in/personal-banking/loans/education-loan | sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/education-loan-scheme sbi.bank.in/web/personal-banking/loans/education-loans/student-loan-scheme sbi.bank.in/web/personal-banking/loans/education-loans/scholar-loan-scheme |
Read the full guide: Education loan
Canara Bank vs ICICI Bank vs SBI education loan: full comparison with EMI, fees and FAQs
Canara Bank vs ICICI Bank vs SBI vehicle loans
On a car loan, Canara Bank has the lowest published starting rate at 7.50%, against 8.40% at ICICI Bank and 8.40% at SBI. Canara Bank advertises the lowest starting two-wheeler loan rate here, 10.10%, compared with 10.25% at ICICI Bank and 11.70% at SBI.
| Detail | Canara Bank | ICICI Bank | SBI |
|---|---|---|---|
| Car loan: published rate | 7.50% - 10.70% | From 8.40% | 8.40% - 9.35% |
| Car loan: maximum tenure | 84 months | Up to 84 months | 7 years |
| Car loan: processing fee | 0.25% (min ₹1,000, max ₹5,000) + GST; 100% waiver 01.10.2026-31.12.2026 (Retail Loan Festival) | Up to Rs 8,500 + GST | Rs 1,000-3,000 + GST (salaried) / Rs 1,500-4,000 + GST (non-salaried), slab by loan amount |
| Two-wheeler loan: published rate | 10.10% - 15.00% | 10.25% - 26.10% | 11.70% - 15.70% |
| Two-wheeler loan: maximum tenure | Not published | Up to 36 months | Up to 60 months |
| Two-wheeler loan: processing fee | Not published | Up to 4% of loan amount | 3% of loan + GST (50% waiver for salary package customers) |
Full vehicle loan comparison for Canara Bank vs ICICI Bank vs SBI (all vehicle types, EMI tables and sources) · Vehicle loans guide
Which is better: Canara Bank, ICICI Bank or SBI?
No loan provider is best for everyone. This is how the published figures split, product by product.
- Education loan, lower starting rate: Canara Bank (6.85%) versus 8.50% at ICICI Bank and 9.40% at SBI.
- Car loan, lower starting rate: Canara Bank (7.50%) versus 8.40% at ICICI Bank and 8.40% at SBI.
- Two-wheeler loan, lower starting rate: Canara Bank (10.10%) versus 10.25% at ICICI Bank and 11.70% at SBI.
- Gold loan, longer maximum tenure: SBI (emi 36 months; bullet 12 months; overdraft 36 months). A longer tenure lowers the EMI but raises total interest.
Pick on total cost, not the headline rate: ask each loan provider for the Key Fact Statement and compare the APR and total repayable amount. A low rate with a high processing fee can cost more than a slightly higher rate with no fee. If you already bank with one of them, a salary or relationship account can change the rate you are offered, so ask.
Bank type and how each loan provider sets its rate
Canara Bank and SBI are public sector banks and ICICI Bank is a private bank.
How the loan providers' own pages say their rates are set:
- Canara Bank personal loan: Reducing balance.
- Canara Bank home loan: Reducing balance (RLLR 8.25% stated on rate page).
- ICICI Bank personal loan: fixed; varies by loan amount, profile, employment type, relationship.
- ICICI Bank home loan: floating (tied to RBI repo rate) or fixed; varies by profile.
- SBI personal loan: 2-year MCLR (8.75%) + spread 1.25% to 6.25%.
- SBI home loan: Floating, linked to Repo Rate via EBLR; interest on daily reducing balance.
Public sector banks, private banks and non-banking finance companies (NBFCs) price differently. Banks usually link floating rates to the RBI repo rate or their own benchmark and add a spread based on your credit score; NBFCs more often quote a wider range with a higher ceiling and charge higher processing fees. Some publish a range, some only a starting rate and some only a ceiling, which is why this page compares like with like and marks every gap as not published instead of guessing.
About Canara Bank, ICICI Bank and SBI
Canara Bank
Public sector bank
We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on Canara Bank's website. Where a rate is missing, the tables on this page say Not published.
Lowest published starting rate on this page: 6.85% (Education loan)
ICICI Bank
Private bank · ICICI Bank Limited
We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on ICICI Bank's website. Where a rate is missing, the tables on this page say Not published.
Lowest published starting rate on this page: 8.50% (Home loan)
SBI
Public sector bank · State Bank of India
We found terms for personal loan, home loan, loan against property, business loan, gold loan and education loan on SBI's website. Where a rate is missing, the tables on this page say Not published.
Lowest published starting rate on this page: 7.25% (Home loan)
Explore each loan provider: loans, calculators and more comparisons
Canara Bank
More comparisons
ICICI Bank
More comparisons
Guides: Personal loans · Home loans · Car loan · Car loan EMI calculator · EMI calculators
What to check before you choose a loan provider
- Ask for the Key Fact Statement (KFS). RBI requires loan providers to give you one before you sign, showing the interest rate, all fees, the APR and the total amount you will repay.
- Compare APR, not the headline rate. Processing fee, documentation charges and insurance change the real cost.
- Check the rate basis. A floating rate moves with the loan provider's benchmark; a fixed rate does not. Ask when the rate resets.
- Ask about prepayment and foreclosure. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
- Read the eligibility and documents. Income, credit score, employment type and collateral decide the rate band you land in.
Terms used on this page
Plain meanings of the terms this comparison uses.
Starting rate: The lowest rate a loan provider advertises for a product. Most borrowers are offered a higher rate, because the final rate depends on credit score, income, employer and loan amount.
APR: Annual percentage rate. It adds the processing fee and other charges to the interest rate, so it shows the yearly cost of the loan better than the interest rate alone.
Key Fact Statement: A short summary the loan provider gives you before you sign. It lists the interest rate, every fee, the APR and the total amount you will repay. RBI requires it for retail loans.
Floating rate and repo rate: A floating rate moves with a benchmark, and for banks that is usually the RBI repo rate, the rate at which RBI lends to banks. A fixed rate stays the same for the period you agree.
Processing fee: A one-time charge for handling the application. It is usually a percentage of the loan amount plus GST, and it is often deducted before the money reaches you.
Credit score: A number from 300 to 900 that shows how you have repaid past loans and cards. A higher score usually gets you a lower rate.
Sources, method and last check
Every figure above comes from the loan provider's own website. We checked them on 12 October 2026 (vehicle loan figures on 4 October 2026) and list the pages used.
- Canara Bank: canarabank.bank.in/canara-budget · canarabank.bank.in/pages/interest-rate-range-on-loans · canarabank.bank.in/pages/housing-loan · canarabank.bank.in/canara-mortgage · canarabank.bank.in/canara-msme-star · canarabank.bank.in/swarna-loan
- ICICI Bank: icici.bank.in/personal-banking/loans/personal-loan · icici.bank.in/personal-banking/loans/home-loan · icici.bank.in/personal-banking/loans/home-loan/loan-against-property · icici.bank.in/business-banking/business-loans/schedule-of-charges · icici.bank.in/personal-banking/loans/gold-loan · icici.bank.in/personal-banking/loans/education-loan
- SBI: sbi.bank.in/web/personal-banking/loans/personal-loans/sbi-personal-loan · sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/personal-loans-schemes · sbi.bank.in/web/interest-rates/interest-rates/loan-schemes-interest-rates/home-loans-interest-rates-current · homeloans.sbi.bank.in/faq · homeloans.sbi.bank.in/downloads/Processing-Fee-Card-Rates.pdf · homeloans.sbi.bank.in/products/view/loan-against-property
| Loan provider | Official pages opened | Loan types with a published rate | Loan types where rate is not published | Last checked |
|---|---|---|---|---|
| Canara Bank | 9 | 3 | 5 | 12 October 2026 |
| ICICI Bank | 10 | 6 | 2 | 12 October 2026 |
| SBI | 17 | 6 | 2 | 12 October 2026 |
A "not published" count means we opened the loan provider's page for that product and the rate was not shown there, or the loan provider has no such page on its site. If you spot an error, tell us and we will correct it.
Method: we list only figures we could read on the loan provider's official pages. A blank means the loan provider does not publish that figure on the page we checked, and we never estimate one. Rankings use the published starting rate and published maximum tenure only. Read our editorial policy, how we make money and tell us about an error.
More loan provider comparisons
Canara Bank compared with other loan providers (13)
ICICI Bank compared with other loan providers (16)
SBI compared with other loan providers (16)
Head-to-head pages for these three loan providers (3)
Swap one loan provider (6)
Compare any two or three loan providers · Personal loans · Home loans · Vehicle loans
Frequently asked questions
Which is better: Canara Bank, ICICI Bank or SBI?
For an education loan, Canara Bank starts lowest (6.85%) versus 8.50% at ICICI Bank and 9.40% at SBI. On a car loan, Canara Bank has the lowest published starting rate at 7.50%, against 8.40% at ICICI Bank and 8.40% at SBI. The page also compares two-wheeler loans. A starting rate is the best case, not a typical offer, so confirm the annual percentage rate (APR) and total repayable amount in each loan provider's Key Fact Statement. Figures are as published on the loan providers' own websites and checked 12 October 2026. The better choice depends on your profile, the loan type, the amount and the fees in your offer letter.
SBI, ICICI Bank or Canara Bank: which should I pick for a loan?
Order does not change the comparison, so Canara Bank vs ICICI Bank vs SBI and SBI vs ICICI Bank vs Canara Bank are the same page. Start with the loan type you need: the sections above show each loan provider's published rate, fees, tenure and prepayment terms for it, and the lower starting rate is not always the lower total cost.
Which has the lower personal loan interest rate: Canara Bank, ICICI Bank or SBI?
ICICI Bank has the lower published starting rate. Published starting rates: ICICI Bank 9.99% and SBI 10% (checked 12 October 2026). Your actual rate depends on your credit profile and the loan provider's approval.
What is the personal loan processing fee at Canara Bank, ICICI Bank and SBI?
Canara Bank: 0.50% of loan amount, min Rs. 1,000, max Rs. 5,000; 50% waiver 01.10.2026 to 31.12.2026. ICICI Bank: Up to 2% of loan amount + applicable taxes. SBI: Up to 1.50% of loan amount (min Rs 1,000, max Rs 15,000) + GST; waivers for some customers. Fees can change and GST is usually extra, so check the Key Fact Statement.
Which has the lower home loan interest rate: Canara Bank, ICICI Bank or SBI?
SBI has the lower published starting rate. Published starting rates: ICICI Bank 8.50% and SBI 7.25% (checked 12 October 2026). Your actual rate depends on your credit profile and the loan provider's approval.
What is the home loan processing fee at Canara Bank, ICICI Bank and SBI?
Canara Bank: 0.50% of loan, min Rs. 1,500, max Rs. 10,000 + GST; 100% waiver 01.10.2026 to 31.12.2026. ICICI Bank: Up to 2% of loan amount + applicable taxes. SBI: 0.35% of loan amount + GST, min Rs 2,000 max Rs 10,000 (FAQ page). Fees can change and GST is usually extra, so check the Key Fact Statement.
What is the maximum home loan tenure at Canara Bank, ICICI Bank and SBI?
Canara Bank: up to 30 years or until age 75, whichever earlier. ICICI Bank: up to 30 years based on eligibility. SBI: up to 30 years; repayment to be completed by age 70.
How much personal loan can I get from Canara Bank, ICICI Bank and SBI?
Canara Bank: Prime: 25 months' gross salary up to Rs. 50 Lakh; Delight: up to Rs. 40 Lakh. ICICI Bank: Rs 50,000 to Rs 50,00,000. SBI: Rs 1 lakh to Rs 50 lakh (subject to EMI/NMI up to 65% and 30 times NMI, whichever is lower). The loan provider decides the final amount from your income, credit score and existing obligations.
What is the EMI on a ₹5 lakh personal loan at Canara Bank, ICICI Bank and SBI?
Over 5 years at each loan provider's lowest published rate: ICICI Bank about ₹10,621 a month at 9.99%; SBI about ₹10,624 a month at 10%. An illustration that leaves out fees, GST and insurance; your offered rate may be higher.
What is the EMI on a ₹50 lakh home loan at Canara Bank, ICICI Bank and SBI?
Over 20 years at each loan provider's lowest published rate: ICICI Bank about ₹43,391 a month at 8.50%; SBI about ₹39,519 a month at 7.25%. An illustration that leaves out fees, GST and insurance; your offered rate may be higher.
Can I prepay or foreclose a home loan early at Canara Bank, ICICI Bank and SBI?
Canara Bank: None; can prepay or foreclose without penalty. ICICI Bank: Nil for floating-rate home loans; fixed-rate not stated. SBI: Prepayment allowed without penalty. Floating-rate loans to individuals cannot carry pre-closure charges; fixed-rate loans often do.
Which loans do Canara Bank, ICICI Bank and SBI publish rates for?
Canara Bank: education loan. ICICI Bank: personal loan, home loan, gold loan, education loan. SBI: personal loan, home loan, gold loan, education loan. Based on each loan provider's own website, checked 12 October 2026.
Which is better for a car loan: Canara Bank, ICICI Bank or SBI?
On a car loan, Canara Bank has the lowest published starting rate at 7.50%, against 8.40% at ICICI Bank and 8.40% at SBI. See the full vehicle loan comparison for tenure, fees and EMI tables.
Are Canara Bank, ICICI Bank and SBI regulated by the RBI?
Canara Bank, ICICI Bank and SBI are banks regulated by the Reserve Bank of India (RBI). Check a loan provider's registration on the RBI website before you apply, and apply only through its official channels.
How do I compare Canara Bank, ICICI Bank and SBI on real cost, not just the rate?
Ask each loan provider for its Key Fact Statement, then compare three numbers: the APR, the total amount you repay and the fees charged upfront, such as processing fee, documentation charge and insurance. The loan with the lower APR and the lower total repayment is the cheaper one, even when its headline rate looks higher.
Does my credit score change the rate at Canara Bank, ICICI Bank and SBI?
Yes. Loan providers keep their lowest published rate for borrowers with a strong credit score, usually 750 and above, and steady income. A lower score or a short work history usually means a higher rate, a higher processing fee or a smaller loan amount.
Are the rates on this page the rate I will get?
No. They are the rates the loan providers publish, usually a range or a starting rate. Your approved rate depends on your credit score, income, loan amount, tenure and, for secured loans, the asset. Always read the Key Fact Statement before you sign.
Does KhatuLoans lend money or charge for this comparison?
KhatuLoans is not a loan provider. The loan provider decides approval, rate and terms. Our comparisons are free to read, and we are not paid by the loan providers named here to rank them. See how we make money on our advertiser disclosure page.
KhatuLoans is not a loan provider and is not paid by the loan providers named here to rank them. Rates, fees and eligibility change; always confirm with the loan provider. Read our editorial policy and how we make money.